Related Summaries

Unemployment in the eurozone increased from 11.7% in October to 11.8% in November, the highest level on record, according to the EU's statistics office. EU-wide, joblessness held at 10.7%. Youth unemployment topped 50% in Spain and Greece.

Canadian pension fund money is increasingly investing in U.S. commercial real estate. These funds have invested $9 billion in this asset class over the last three years, oftentimes funding projects that domestic investors are too leery to consider.